Page 7 - The Owen Report for May 2022
P. 7
Owen Report
The High-End CONDOMINIUM Market
Chicago's LINCOLN PARK Area
As of Tuesday, May 31, 2022
Monthly Statistics for Sales, $700k+ % +/- Since Last Month
Average Price: $1,086,015 -0.43%
Median Price: $946,000 +3.39%
Maximum Price: $2,700,000 -35.71%
Total Sales Volume: $72,763,016 +9.36%
Total Units Sold: 67 +9.84%
Average Market Time of Units Sold: 63 days +23.53%
Total Units Currently Active: 83 +36.07%
Avg. Mkt. Time of Currently Active Units: 70 days -22.22%
Units Sold Median Price
One Year Trend One Year Trend
80 $1,300,000
69 67
70 64 $1,200,000
61
60 $1,100,000
50
50 $1,000,000
41 40
40 34 35 36 29 31 $900,000
30 25 $800,000
20 $700,000
10 $600,000
Source: Midwest Real Estate Data (MRED / MLS)
